Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Liquidity across China’s interbank money market eased in January, the latest MNI Liquidity Conditions Index shows.
The Liquidity Condition Index stood at 33.9 in January, down from the 42.9 recorded in December. The higher the index reading, the tighter liquidity appears to survey participants.
- The Economy Condition Index stood at 28.6,recovering from 8.9 previously. January saw thehighest reading in 7 months.
- The PBOC Policy Bias Index edged higher, but stillsitting below the 50 mark.
- The Guidance Clarity Index also edged higher,although was overall little changed on levels seen inrecent months.
- Despite the economy seen picking up somewhat, long-term bond yields are seen lower over the next 3 months.
The MNI survey collected the opinions of 28 traders with financial institutions operating in China's interbank market, the country's main platform for trading fixed-income and currency instruments, and the main funding source for financial institutions.
Interviews were conducted Jan 10 – Jan 21.
Click below for the full press release:
MNI_China_Liquidity_Index_-2022-01_presser.pdf
For full database history and full report on the MNI China Liquidity Index™, please contact:sales@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.